PFG Advisors purchased a new stake in Franklin Income Focus ETF (NYSEARCA:INCM – Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 8,034 shares of the company’s stock, valued at approximately $217,000.
Several other large investors also recently bought and sold shares of INCM. Prospera Financial Services Inc grew its holdings in shares of Franklin Income Focus ETF by 26.0% during the second quarter. Prospera Financial Services Inc now owns 38,585 shares of the company’s stock worth $1,044,000 after purchasing an additional 7,963 shares during the last quarter. Atria Investments Inc boosted its position in shares of Franklin Income Focus ETF by 21.5% in the 2nd quarter. Atria Investments Inc now owns 12,493 shares of the company’s stock valued at $338,000 after purchasing an additional 2,210 shares during the period. Richards Merrill & Peterson Inc. purchased a new position in Franklin Income Focus ETF during the 2nd quarter worth approximately $601,000. Brookstone Capital Management increased its position in Franklin Income Focus ETF by 1.4% during the second quarter. Brookstone Capital Management now owns 62,082 shares of the company’s stock worth $1,679,000 after buying an additional 846 shares during the period. Finally, D.A. Davidson & CO. increased its position in Franklin Income Focus ETF by 18.7% during the second quarter. D.A. Davidson & CO. now owns 135,489 shares of the company’s stock worth $3,665,000 after buying an additional 21,350 shares during the period.
Franklin Income Focus ETF Trading Up 0.1%
INCM stock opened at $27.92 on Thursday. The company has a market capitalization of $943.70 million, a P/E ratio of -47,563.88 and a beta of 0.49. Franklin Income Focus ETF has a twelve month low of $24.62 and a twelve month high of $28.22. The business has a 50 day simple moving average of $27.74 and a 200-day simple moving average of $27.23.
Franklin Income Focus ETF Company Profile
The Franklin Income Focus ETF (INCM) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund actively manages a diversified portfolio of equities and debt securities. The fund seeks to maximize income over a full market cycle by utilizing income generation strategies and investing opportunistically across various assets classes, markets, and sectors.
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